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20100930
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and banks for using our country as a way for them to get rich at everyone else's expense accountable for after the first time in decades for their actions. we'll hear from employers, job seekers. good afternoon to you. i am dylan ratigan. we are supposed to be in dallas, but mother nature had other plans for us last night. a massive storm. >> we have a problem in the country, a model that said we have an economy based upon services and what have we gotten? one bubble after another. >> the president has to like a razor blade, just go right after the single issue most on the minds of the american people and that's employment. >> we need to put america back to work and we need specifics. >> we need a bold leader to head up our country. we need business leaders to come together and say we want to profit from operations over seas, but not at the debtriment of the american economy, workforce and future generations of american. we've been doing that for over 20 years. >> 20 years too long. that, the ceo of new core steal. it is where we have taken job wars today. over the next hour, real so
in america. today, finding work using 140 characters or less, i twitter to land you a new job. the show starts right now. >>> well, and then there was one with. treasury secretary tim geithner, the last man standing in president obama's economic team. and his days may be numbered as well. chief white house economic adviser, larry summers, as you probably heard by now, leaving the administration at the end of the year, headed back to harvard, presumably to teach students how to steal a bunch of money and cover it up and go back to your job. others decided to flee washington before everyone realizes the true mess that exists in this country. let's examine larry's legacy, shall we? too big to fail, more or less permanent. argue create certainty, more bailouts, these come from the feds, wouldn't have to vote on it, wouldn't be so icky as having to go to public and ask for money. definitely keep the cops, the rating agencies specifically working for the bankers who pay them to create the aaa ratings that may or may not be true. how else are you going to sell that to a pension fund? of course
's likely to move us forward. >> if the three of us were to accept as many of us are that the lack of jobs and economic dysfunction is a result of our structure, this is not something you wade out. this is something you have to days and deal with. we have a broken structure. why, peter, do you think our government appears to unwilling to accept the need to deal with it and still have this, we'll just wait this one out attitude? >> the big financial houses have infiltrated the treasury department. the only difference is that we've got from the sixth floor to seventh floor at goldman sachs back down to the sixth floor. they're getting bonuses as big as ever. they're doing municipal workouts that are going to lead to trouble. with regard to china, i know glenn doesn't agree, but we have to do something fundamental about the trade deficit with china if we're going to have enough to mend for what americans make so we can get out of this recession. >> glenn, do you agree that there appears to be at the least, an aspect of denial when it comes to policy action from our government? >> i think it's
the shark. the man who wrote the notorious sitcom in u.s. history, or episode i should say, defends what he did with the fawns. maybe she's right. the show starts right now. well, apparently the president thinks if we keep printing money we don't have, ignore the ongoing extraction that's plaguing our country, eventually the economy will turn around. forget fixing the system that keeps all the capital with the select few who gamble it or incentivize those with capital to take it out of the country? why would you do that? call it free trade. the president's latest proposal, i should say, a spending tree of $50 on new infrastructure spending. now that we don't need the infrastructure, it's interesting to spend the money we don't have while you leave a giant hole in the bucket seeping out of the country. the president's plan to rebuild 150,000 miles of roads, 4,000 miles of rail line. critics lining up calling the president's plan an ineffective one that will plunge us further into debt. of course, the republicans no more ready to address our real problems, just happy to take the job of screwi
>>> good afternoon. today, let's make an arm's deal. the u.s. unveiling a massive ar deal with our friends, the saudis, the same folks who brought you fund -- what is this deal really about and why do we perpetuate this relationship the way we do. plus, the president hing a frank, unscripted, casual chat with some real life, regular people. while cameras role, reporters package the whole thing for ooefg news. did the president talk about any real idea to address them? reality tv sells better. why working mothers get a raw deal from corporate america. the show startright now. well, the u.s. struck its largest arms deal ever and it's with a country we know, fun our enemies and may be our enemy. we learned today the white house will offer a $60 billion ariel arsonal to saudi arabia. 70 apache helicopters, 72 blackhawks and three dozen litt for sale to the saudis. also, talk of supplying the kingdom with tens of billions more in naval defense upgrade. the sale reportedly aimed at shoring up relations with key arab allies in the middle east, namely saudi arabia. the country that routine
to america's unemployment rate. why are so many u.s. companies, u.s. companies, putting their interests in china ahead of america's interests in jobs here at home? >>> also, the white house reportedly taking political advice from michael dukakis. yes, that michael dukakis. we will mix it up on the democrats' plan, or lack there of, of the midterm elections. >>> and the premier of follow the money. a special segment featuring our man on k street, registered lobbyist jimmy williams with an insiders a look at the secret and sometimes sordid business of buying secret influence in our government. the show starts right now. >>> bosnia' fight our another day in the job wars, the president about to hold another one of his living room economic discussions, this the latest photo op presenting the "real housewives" of richmond, virginia, proceeded this morning by the real housewives of des moines, the president trying to show he is on top of the crisis. we have seen how he has actually dealt with it catering to bangsters, creating a mandate to biinto an unreformed insurance monopoly, escalating th
with at this moment in this country. joining us now, a couple of different people. i'm not sure who's going to be here first. but i think i have senator sanders. hello, senator. how are you? >> i'm great. how are you? >> i'm good. i want to split this into two different things. one, elizabeth warren and her role at the cfpa. she, obviously, is the person you have been wanting. how do you feel about the current decision? >> i think at a time when the american people are profoundly disgusted with the crooks on wall street and the huge ripoffs that wall street is perm traiting against the american people, i think millions of people are feeling better today than at least they're going to have a brilliant and aggressive advocate on their side in terms of professor warren. i've known elizabeth for many, many years. she's smart. she's tough. and i think she's prepared to take on wall street. i applaud president obama for giving her that position. >> if you were to look at the choice -- the way in which it was done, the politics of doing it, if you will, she was not installed, as you know, on an interim appoi
with us, mary from arizona, was forced to go back to work when her husband lost his job. start with you diane. put this in context for us how prevalent is this problem and how are you defining it? >> it's not about women going into the workforce cht that's been happening for a generation. this is about women who have been, maybe they worked part time. they've been homemakers. they're going in to be the breadwinners because their husband's income has been diminished. it's likely a permanent shift. it's a much lower base. the types of base women are getting are not the jobs being lost. >> why do you say it's permanent? >> you look at what's happening, there's a lot of factors. diminished 401(k)s. stock portfolios that are done. housing prices, down. the average american family's wealth has been diminished, so you need that two income more than ever. the other reality is more often than not, it's one income or one and a half at this point because the husbands are not getting the jobs they used to have. >> mary, would you share a little of your story with us? >> sure. my husband was laid of
and job creation in america. didn't hear any mention of china for instance. joining us now, a man who knows what it takes to create jobs in america. he is serving as one of the titans of business industry in our country. this is the largest manufacturer of steel products. 12,000 employees. and a meaningful voice in manufacturing with our administration in this country and the executive community. i think that's a long enough introduction, dan, right? >> pretty good. one small ad is 20,000, not 12. >> we would hate for the people to be talking layoffs when we're trying to create jobs. 20,000 it is. how do we create jobs in this country and how do we close the gap? >> the first thing we can do is try not to talk layoffs with your teammates. new core has not laid off in 27 years. you don't lay people off. i wish our government and public servants would pick a -- to what the private sector employees and then we could talk serious spending cuts along with tax cuts if they're necessary, but they're missing the point. they're both right and both all wrong. we can talk about tax cuts, spendin
discontent that is america. the headlines read tea party coup, bye bye bums and gop nightmare. but to us, this all looks more like the last days of pompeii. >> we can't stay here. we have to go. >> tea party power boiling over in two states, nearly toppling the establishment and a third. christine o'donnell storming the castle, as they are saying in delaware. congressman mike castle who has never lost a race before last night ousted. she will be the party's senate canned do the come november. and of course, guesses who support she has all of a sudden the day after the primary? none other than 2012 presidential front-runner mitt romney. here in new york, carl pal dino stunning perennial loser, lazio. this time, lazio's race to lose. he lost it nearby new hampshire, a fit to the finish, tea party-backed la montan ya narrowly beaten by establishment-support kelly iyat. the recount still to come. clearly, tea partiers fighting the establishment, effectively so in some cases, ineffectively in others but the rumble are indeed afoot. we know they don't like democrat bus don't much care for the
. again, we listen to our members, but ik i think president gave us what we needed. clarity. and the public is with the president. >> that's good. let's see how long it lasts. some republican, meantime, are pushing for a temporary, two-year session for the tax cuts of the top 2%. gee, i wonder that happens in two years? we get a new president. if it's a republican, he'll extend tax cuts indefinitely. as the president would say, let's be clear. history shows us the richest americans don't put tax savings back into the economy. they put it in their pockets. after bush's tax cuts, the savings rate went up compared to clinton's increase. more money into the economy with tax increases. even a one-year extension of tax cuts for the rich would cost us $39 billion. that's another huge hole in the budget. that's what they friend to care so much about. here's what the democrats are never going to do. win an argument if they don't make their own case. the numbers are in. tax cuts for the rich do not stimulate the economy. the american people are sick of giving more tax cuts to the rich
would be right. that's wrong. we don't have anymore money to spend. a lot of us don't have jobs anymore. this is a much deeper structural problem than obama is willing to accept. that's the number one problem. that's why we haven't had the recovery. joining us to explain it further is former secretary of labor under president clinton, robert rush. he's also chancellor of public policy at berkeley. his book "aftershock" the next economy in america's future will be out in september. secretary rush, do i have that roughly right? we have a confused crisis of confidence with a deep-seeded structural problem in the country? >> i think there is a deep-seeded structural problem. it's not just the business cycle. most people looking at this deep recession, this deep depression have said if you just get businesses and consumers to spend more, we'll be back up to where we should be, but there are deeper problems we are not addre addressing. >> let's talk about the problems. what caused the structural damage in the first place? >> for one people, people have fot had wage increases. if they do have
us on the devicive vote on don't ask, don't tell and the secret, powerful role in each of the campaigns we've seen so far in the primaries. the show starts right now. today, our weeklong job wars continues. to allow for all sorts of abuses from outsources robots, china trade, bank gambling. they make money by destroying the other half of the country. think of it like a snake eati i itself. all this culminating on thursday when we broadcast live from one of the largest job fares to date, this one from dallas. people come from all ends of the unemployment spectrum, college grads fighting for an in. a tough task when so many company rs laying off for profit, outsources or facing a government so overwhelming and vague they don't know what to do with their own capital. you put it together and you get, folks, countless folks without jobs and an ablty to find a plan. there are those a part of the workforce for 20 or 30 years, who have found themselves laid auch. clo meanwhi meanwhile, in washington, the political fight wages on. none addressing the major six industries that co
their factory and equipment investment in the u.s., and i think all of those are about trying to rebuild and put us on a long run growth path and i think it's fairly important. >> in addition to that, when you look at the fact that we need 30 million jobs, not 10 or 100,000 jobs a month, we need to be adding hundreds of thousands of jobs a month just to break even considering what we've been through, and when you look at that reality and you look at these approaches knowing that we, again, in my view, and i'd be interested to hear your thoughts, we have a structural problem, how do you address the mass need for employment with a structure in this country that still incentivizes capital in many cases to leave the country to be used for either speculation or something else? >> well, look, i -- i agree with the sentiment that we want to make a level playing field. we certainly don't want a tax code that encourages people to ship jobs overseas or anything like that. we want to try to encourage real investments here in this country. that's the point of this policy with infrastructure, are r & d, with
Search Results 0 to 13 of about 14